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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Jdaasoc who wrote (42619)3/21/2002 12:27:10 PM
From: westpacific  Read Replies (1) of 99280
 
Look the VIX, if it stays low into next week, this market is at massive risk on the long side.

MASSIVE - going into the 2Q.

What this shows IMO, is folks are not willing to let go of longs in face of this massive pullback. At some point fear kicks in and you will get a flood of liquidation.

You have to hedge short now and start building on any pop now.

The VIX is putting in a double bottom.
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